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Senate passes compromise masking bill as Democrats walk out over campaign finance reform addition

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Senate passes compromise masking bill as Democrats walk out over campaign finance reform addition

RALEIGH, N.C. (WTVD) — Senate Republicans passed a compromised version of HB 237, part of a vote which sparked a walk-out from Senate Democrats.

The Unmasking Mobs and Criminals Act enacts more restrictions on wearing a mask in public and stronger penalties for those who wear a mask while committing a crime.

Last month, the House voted against the bill, following pushback from healthcare advocates and people with medical issues who felt it was too far-reaching. That vote led to a conference committee and updated text, which includes a specific exemption for “any person wearing a medical or surgical grade mask for the purpose of preventing the spread of contagious disease.” Other exemptions include masks for traditional holiday costumes, theatre productions and work-related reasons.

“The new language in the mask bill was suggested by DHHS to ensure that individuals who have legitimate health concerns can wear a surgical or medical-grade mask in public,” said Lauren Horsch, Spokeswoman for Senate President Phil Berger, in a statement.

The bill states that a person must remove their mask upon request by law enforcement or by the owner of public or private property for the purposes of identification.

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“I’m not sure it provides enough protection for people who have health concerns about protecting their health when they’re in public. And there are a couple of provisions in there, I think, that raised a few questions,” said Rep. Brandon Lofton, a Democrat who represents Mecklenburg County and serves as the House Legislative Chair.

While the first four sections of the bill read Thursday morning were about masking, the fifth section focused on campaign finance reform.

“The campaign finance changes in the bill are so significant that we did not even discuss or examine the mask provisions,” said Sen. Jay Chaudhuri, who represents Wake County and serves as the Senate Democratic Whip.

In response to the added section, Democrats protested the vote, walking out of the legislative chambers. Ultimately, all 28 Senate Republicans who were present supported the legislation. On the Democratic side, a dozen lawmakers, including Chaudhuri, were listed as “Not Voting,” while the other eight Democrats were listed as “Excused Absence.”

“It removes the compliance of a federal political action committee with state election laws. Those state election laws provide for additional disclosures of whether a millionaire, for example, makes a contribution to the Federal Election Political Action Committee and to it removes any registration that’s required by the Political Action Committees, Treasurer or Deputy Treasurer. By removing the Treasurer from this bill, the State Board of Elections believes that there’s some kind of campaign finance violation. They’re not going to be able to subpoena anybody from that political action committee here in the state of North Carolina,” Chaudhuri asserted.

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He also criticized how the bill was introduced, through a conference committee, rather than as a standalone bill.

“It is a significant change that warrants more sunlight, more debate and more discussion by the public. The fact of the matter is, they tried to rush this through the dark of night, so to speak, without any discussion or debate that it would arise,” said Chaudhuri.

“I think more transparency and more disclosure is good for democracy,” added Lofton.

While acknowledging concerns about how the bill was introduced, Jim Stirling, a Research Fellow with The John Locke Foundation, believes some of the rhetoric surrounding its impact is overblown.

“If a billionaire wanted to drop, I’m going to use this as an example, $250,000 into a state party committee or an executive leadership committee, they can currently do that under state law. That’s not being changed here, and they already have that avenue to do it. Nothing here is being modified to allow billionaires to come in and just drop more money into it. The real change is mostly paperwork changes,” said Stirling.

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In a statement, Lauren Horsch, Spokeswoman to Senate President Phil Berger wrote:

“Elections made during the 2020 election that benefited certain political organizations that were aligned with Democratic groups. That decision essentially changed campaign finance laws without legislative action and treated political organizations differently because of their affiliation. This change brings much needed parity and restores our campaign finance laws to where they were before the state board’s collusive decision – and highlights the need for a bipartisan board of elections.”

“It doesn’t really address any of the monetary changes of committees, and it doesn’t change anything about state level executive committees or party committees because they can already receive unlimited contributions,” said Stirling.

The bill now heads to the House.

Copyright © 2024 WTVD-TV. All Rights Reserved.

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Crypto bill hits new impasse, raising doubts over its future

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Crypto bill hits new impasse, raising doubts over its future
Talks on landmark crypto legislation have hit a new impasse after banks said they could not back a compromise pushed by the White House, a development that cast doubt on whether the bill will pass this year and sparked criticism from President Donald Trump ​who accused lenders of trying to undermine it.
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Stamford Finance Students Wow Judges, Take Home Trophy in Regional CFA Competition – UConn Today

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Stamford Finance Students Wow Judges, Take Home Trophy in Regional CFA Competition – UConn Today

A tenacious team of finance majors, who sacrificed most of their winter break to prepare for the CFA Institute Research Challenge, took first place in that regional competition last week.

Students Hunter Baillargeon, Dylan Fischetto, Richard Opper, Philip Ochocinski and Rushit Chauhan were tasked with researching and analyzing a major utility company, and then producing a 10-page report about whether to buy, hold, or sell its stock. They chose to sell.

One of the CFA judges said both the team’s report and presentation were among the best he had seen in many years.

“As a team, we were thrilled our hard work paid off and our many hours of work allowed us to achieve what we did,’’ Baillargeon said. “What we accomplished couldn’t have been done without working with such a cohesive and collective unit.’’

“From a technical perspective, I realize how valuable true analysis is and the importance of looking where others don’t for a differentiated approach,’’ Baillargeon said.

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The first round of competition featured 24 college teams from the Stamford-Hartford-Providence region. The Stamford team, composed of seniors all of whom all participate in UConn’s Student Managed Fund program, received its first-place award Feb. 26 in a ceremony in Hartford. The team will advance to the East Coast competition later this month.

Stamford Finance Program is Robust

“The Stamford team’s advancement in this competition reflects not only the students’ exceptional talent and work ethic, but also the rigor and applied focus of the UConn finance curriculum,’’ said professor Yiming Qian, head of the Finance Department.

“Our Stamford campus hosts approximately 200 financial management majors. The Stamford program is a vital part of the School and continues to demonstrate outstanding strength,” she said.

Professors Steve Wilson and Jeff Bianchi, who combined have 75 years of experience in the investment industry, were the team’s advisers and were supported by academic director Katherine Pancak.

Wilson said the task of analyzing a utility is particularly complex because of the company’s structure and the regulatory environment in which it operates.

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“I believe the Stamford team stood out because of the depth of their research, and willingness to take a bold stand, including the decision to ‘go out on a limb’ and recommend selling the stock,’’ he said. “They didn’t ‘play it safe.’’’

“This clean-sweep was a true team effort. They were tireless throughout, and sleepless too often, but they never wavered from their desire to always dig deeper and uncover any information that would strengthen our investment case,’’ he said. “What a phenomenal job they did!’’

Competition in Hong Kong Is Ultimate Goal

The Stamford team will compete against Loyola, Canisius, Sacred Heart; Seton Hall, Villanova, St. Michaels, Western New England, University of Maine, Fordham and Penn State next. In total, some 8,000 students are expected to participate in various competitions worldwide, culminating in a championship round in Hong Kong in May.

Wilson said the financial industry is always welcoming of new talent. And when one of the judges told him that the Stamford team produced some of the best work that he’d seen in years, Wilson felt tremendous pride for the students.

“Finance is an open playing field. In investments, the best idea wins,’’ he said.

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Baillargeon said he will always appreciate the whole team’s dedication.

“What I’ll remember most is the help of our advisers and our cohesive, close-knit team where everyone pulled their weight,’’ Baillargeon said. “We put in long hours, did a tremendous amount of research, and collaborated well together. I hope when I enter the workforce I get to work with a team as committed as this one is.’’

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Board Advances Motion to Address LAHSA’s Failure to Pay Service Providers – Supervisor Lindsey P. Horvath

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Board Advances Motion to Address LAHSA’s Failure to Pay Service Providers – Supervisor Lindsey P. Horvath



Board Advances Motion to Address LAHSA’s Failure to Pay Service Providers – Supervisor Lindsey P. Horvath
















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Board Advances Motion to Address LAHSA’s Failure to Pay Service Providers


Board Advances Motion to Address LAHSA’s Failure to Pay Service Providers


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Supervisor Lindsey P. Horvath







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